NYSE:NWG - New York Stock Exchange, Inc. - US6390572070 - ADR - Currency: USD
Taking everything into account, NWG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NWG is showing a nice and steady performance.
Although NWG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
9.22
7 important support areas can be observed.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
13.19 | 12.75 | 0.44 (3.30%) | 25.00% |
An entry @13.19. This is a Buy Stop order right above the 10 day high. | An exit @12.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 3.30%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
13
+0.23 (+1.8%)